Great news as self builders exempt from CIL tax

In what is a huge boost for people looking to build their own home, the government today has finally announced that the dreaded Community Infrastructure Levy (CIL tax) has been scrapped for self builders. With this news it is thought some 3000 homes in the UK that were in limbo, will now go ahead. This is a extremely positive move to help people looking to have a self build or custom build house in future. The CIL tax - which stands for community infrastructure levy, has been a thorn in the backside of self builders for the past few years. For example, if a self builder had wished to build a 4 bedroom house of 200 square metres, it would have cost them £20,000 should a council have imposed a £100 per square metre levy on residential developments. The relief from the community … [Read more...]